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Report summary

The Salinas Sureste Basin is Mexico's main producing area and is also the location of the first exploration blocks offered to international investment in Round One. Two of 14 shallow water blocks were awarded in July 2015. Six deepwater blocks are on offer as part of Round One with bids due to be submitted by the end of 2016. Much of the acreage still to be offered as part of Mexico s historic opening lies in the Salinas Sureste Basin but is generally outside of proven play fairways that include the super giant Cantarell and Ku Maloob Zaap complexes. Although some discoveries have been made in deepwater this sector is considered frontier. This Exploration Basin report provides a detailed analysis of exploration performance and future potential including location maps and details on costs licensing and fiscal terms. We model prospect and play economics and forecast yet to find volume. This report is accompanied by excel downloads which detail costs volumes and value.

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